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What Is the Formula for the Marginal Propensity to Expend

Question 135

Multiple Choice

What is the formula for the marginal propensity to expend?


A) ∆ autonomous expenditures/∆ national income
B) ∆ national income/∆ induced expenditures
C) ∆ consumption/∆ national income
D) ∆ aggregate expenditures/∆ national income

Correct Answer:

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